Károly Szóka

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Naim Kapucu

University of Central Florida

Nikhil Chandra Shil, FCMA

East West University

Vincenzo Bavoso

The University of Manchester

Armando Marques-Guedes

UNL - New University of Lisbon

Harry Cleaver

The University of Texas at Austin

Samuel LÉZÉ

École Normale Supérieure de Lyon

zahid sobaci

Uludag University

Shabib H . Syed

University of the Punjab, Lahore, Pakistan

ADRIANA BRAMBILLA

UFPB - Universidade Federal da Paraíba

Heidi Jane Smith

Universidad Iberoamericana - Mexico

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Papers by Károly Szóka

Applicability of bankruptcy prediction models in the western Hungarian food retail sector

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Lakástakarékpénztárak

Soproni Egyetem Kiadó eBooks, 2019

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Controlling as Driving Force at Today’s Dynamic Changing Companies

The task of controlling is to support the management with reports, forecasts and analyses in orde... more The task of controlling is to support the management with reports, forecasts and analyses in order to be able to take economically rational decisions. In today's fast changing economic and information technological environment the management has to react rapidly. This means new challenges for controlling. Due to digitalization, even more real time data is available, can be stored and shared fast. This lead to a change of controlling processes. The focus of reports changed from analysing past figures to current and future trends. Controlling become the strategic early warning system of the companies. This changes the role of controllers, as it is transforming into business partners of management, and also new roles, like Data Scientist will turn up and new skills are needed. Controlling support management to take more adequate decisions, what secure the long-term survival of the company, so in an indirect way the transformation of controlling is a driving force of the companies at today's dynamically changing environment.

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Financial and Payback Net for SME's

Procedia. Economics and finance, 2015

Every profit oriented company uses, calculates and evaluates various financial indicators. These ... more Every profit oriented company uses, calculates and evaluates various financial indicators. These indicators are used to measure the economic performance, liquidity and efficiency of the company. Even if the economic crisis is over, we need these indicators that can be used for forecast as well. These indicators and this system can help to forecast the expected problems and the liquidity issues. Each company has a complex operation therefore it is not enough only to examine the liquidity situation but a more complex system is required. Instead of bankruptcy forecasting models I would like to introduce a complex indicator system which can be used by the small-and medium enterprises. The essence of this concept is that its usage is quick and easy; so it is practical and does not require expensive software. This indicator system-model can be represented easily in a graphically way and it contains the context of the measures and goals which are examined by the financial controlling. Using the accounting statements and the financial-accounting analysis methods we gain a database which contains lots of information and indicators. The model uses the short-term indicators which are connected to the financial controlling. The selection of these indicators was based on the factor analysis and experimental learning. The aim is that these variables (factors) include the most information as possible. I modified the model and the analysed indexes to short term which are best suited to the quick diagnosis and to the approach of the financial controlling. According to the principles of the model it is important whether to review the changes these indicators quarterly, monthly or even more often during the yearly operation. The advantages of the system are the economic base; the limited number of indicators and the visuality which makes the comparison of planned and actual data easier and helps the interpretation of the variances.

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Riportolás Az Ipar 4.0 Idején – Etika & Hatékonyság

Economica, Aug 21, 2020

Összefoglalás A digitális korszakba érve megváltoztak az üzleti feltételek. Az Ipar 4.0 társadalm... more Összefoglalás A digitális korszakba érve megváltoztak az üzleti feltételek. Az Ipar 4.0 társadalmi és gazdasági hatásai körülveszik az emberiséget. A Cyber-fizikai térben együttműködő rendszerek mozgatják a vállalatokat, állítják elő az értéket. Ezeket a folyamatokat a menedzsment természetesen értékelni akarja, és erről beszámolókat, riportokat szeretne látni. Új idők, új szelek, azaz a digitalizációs technológiára épülő vállalat tevékenységeihez új féle riportolási technika, módszertan szükséges. A tanulmányban röviden bemutatjuk azokat az eszközöket, melyeket ehhez használunk. Ezen eszközök (módszerek) számos etikai kérdést is felvetnek, miközben a controllingnak, a riportolásnak a hatékonysági nyomásnak is meg kell felelnie, azaz azt a riportok irányából is növelnie kell.

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The Appearance of Digitalisation Among the Viewpoints of Balanced Scorecard

In the early 1990s, Robert S. Kaplan and David P. Norton developed a balanced evaluation-and inde... more In the early 1990s, Robert S. Kaplan and David P. Norton developed a balanced evaluation-and index-system that supports the implementation of the strategy. This strategic control tool is the Balanced Scorecard which approaches and evaluates the company's activities and strategy from several perspectives, viewpoints. Today, one of the most important trend is the Industry 4.0 which creates intelligent, networked value chains through cyber-physical systems. Planning and deploying this is not easy but as a strategic issue it must appear in the Balanced Scorecard. Indicators to assist in the implementation of Industry 4.0 should be built in. We are reviewing the importance of Industry 4.0 and developing a Balanced Scorecard model that includes the factors that help to implement the strategy at Industry 4.0.

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Kisvállalkozási méret felosztása

E-conom, 2015

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Az új üzleti modell kialakításának feladataia kontroller számára a negyedik ipari forradalom kihívásaihoz igazodva

Gazdaság és Társadalom, 2018

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Process Orientation in the Modern Controlling

The controlling is a combination of the target-oriented control activity, the used methods and ot... more The controlling is a combination of the target-oriented control activity, the used methods and other soft factors as well. The controlling is constantly changing because it always must meet the current challenges. Each company receives and generates a lot of data, Big Data and Data Mining help in predictive, secure and user-friendly analysis. One of the most important trend is the Industry 4.0 and the compliance to the Digital Business Models through intelligent networks and Cyber-Physical Systems. The controller is responsible for identifying and evaluating the business changes and requirements; so he will support the management in the implementation of it. We are reviewing the importance of the Industry 4.0 and how have to develop the process orientation of controlling at the modern Digital Business Models. In the paper, we will illustrate how can be achieved it by taking into account the Industry 4.0 strategy and how digitalisation can help.

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Controlling kihívások a pandémia (Covid-19) idején – újratervezés és prioritások

Gazdaság és Társadalom, 2020

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Innovation and the Appearance of Industry 4.0 at the University of Sopron

Today's management and production systems are no longer sustainable; let us think of climate chan... more Today's management and production systems are no longer sustainable; let us think of climate change, garbage mountains or even the scarcity of energy resources. Therefore, in the last 10-15 years new (digital) business models have been developed that rely on innovation to increase the efficiency and competence of management. This is collectively called the Fourth Industrial Revolution, which is a combination of technologies and a trend that transforms the different disciplines, the economy, and the industrial functioning. The collaboration and combination of never-seen technologies appeared, web control completely took control of physical limitations and digitalization became an integral part of our daily lives. Industry 4.0 is a great opportunity, but it is also a big task. This focuses on the significant new potentials and opportunities linked to these technological advances. The birthplace of these developments and innovations is often a university, a research institute, or their cooperation. In this study, we will review the importance and role of innovation and Industry 4.0 and briefly present the University of Sopron. Furthermore, the innovation and Industry 4.0 research, which have already been completed and are still under way, their results, and the possibilities for implementation, will be presented.

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Pénzügyi intézményrendszer Magyarországon

Soproni Egyetem Kiadó eBooks, 2019

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Gazdasági elemzés a beszámolók információi alapján

Soproni Egyetem Kiadó eBooks, 2021

Felsőfokú duális képzések fejlesztése a Nyugat-magyarországi peremvidéken" című projekt támogatás... more

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Developing new business models from a controller perspective

The Fourth Industrial Revolution and its effects, the pandemic and the new market trends that are... more The Fourth Industrial Revolution and its effects, the pandemic and the new market trends that are emerging as a result, pose significant challenges for companies. Flexibility is no longer enough, adapting to digitalization, developing a new business model using an integrated work environment and self-service business intelligence are needed. The controller plays a key role in this process, as a business partner is actively involved in building the models. The controller has several new or refocused tools at their disposal, such as multidimensional decision-making procedures, digital reports, scenario analysis, specialized KPIs, and more. This study reviews how these tools can help shape a new business model, and how this digitalization can help.

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The Measuring of the Social Utility of the Grameen-Model

E-conom, 2013

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The Features of Local Currencies and their Social Benefits

Regional and Business Studies, Feb 15, 2015

Nowadays no one disputes the role and the significance of local currencies. We can find local cur... more Nowadays no one disputes the role and the significance of local currencies. We can find local currency and types of local currency initiatives in many places throughout the world. Local currency works similar to vouchers but is transferable and has secondary circulation. Local currency complements the trade in national currency andt does not seek to replace it. The role of a local currency is to connect economic and non-economic stakeholders, protect the local economy and also be used as an anti-crisis resource. Local currency systems have several advantages but during their configuration difficulties can occur. A local currency can only be operated through regional co-operation and for this the collaboration of the local governments, entrepreneurs and individuals is needed. Keywords: local currency, benefits, difficulties, social aspect

Defining and Evaluating the Information Content of Sustainability Reports

Environmental, Social and Governance (ESG) is a company framework that focuses on environmental, ... more Environmental, Social and Governance (ESG) is a company framework that focuses on environmental, social and corporate governance sustainability. Incorporating ESG into company operations plays a significant role in investment decision-making and can provide a significant advantage over competitors. The challenge is that the ESG does not yet have uniform standards, but several international initiatives have been launched to develop these standards. The European Union's ESG reporting framework is already being developed and is expected to enter into force in 2023. The purpose of reporting is to show how the company fits into its global sustainability goals. The number and depth of ESG topics is significant. The chosen framework will determine which topics are relevant to the company. The aim of our study is to identify and examine financial, economic information and possibilities and methods from which the objectives set out in the Sustainability Report can be verified for both internal and external stakeholders; in this paper we deal with the private sector only. It is important to note that the preparation of a sustainability report will be dataintensive and successful reporting will depend on existing, welldesigned reporting systems.

GONDOLATOK FENNTARTHATÓSÁGI SZÁMVITELRŐL ÉS TÁRSADALMI FENNTARTHATÓSÁGRÓL THOUGHTS ON SUSTAINABILITY ACCOUNTING AND SOCIAL SUSTAINABILITY

Economica XIII. évf., 1-2. sz. (2022), 2022

A fenntarthatóság eszményének politikai, a fenntarthatósági számvitelnek pedig tudományos térnyer... more A fenntarthatóság eszményének politikai, a fenntarthatósági számvitelnek pedig tudományos térnyerése közel 40 évre tekint vissza. Amíg kezdetben a fenntartható működés (vállalati, állami és globális szinten) lehetőséget jelentett, napjainkban az egyes nemzetállamoknak és nemzetek közösségének kötelező jogi aktusai folyamatosan gyarapodnak, kényszerítve a polgárokat és a vállalatokat ebben az irányban lépéseket tenni. Jelen cikk egy lépést tesz hátra és az alapvető összefüggésekben rejlő ellentmondásokat, problémákat és korlátokat szeretné érzékeltetni ezen a területen. A tanulmányban a téma általános bemutatása után a fókusz a társadalmi fenntarthatóság aspektusára, azon belül pedig az esélyegyenlőség kérdésére helyeződik.

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Gondolatok Fenntarthatósági Számvitelről És Társadalmi Fenntarthatóságról

Economica

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Sustainability Accounting and Reporting in the Post-COVID Times

6th FEB International Scientific Conference 2022

Sustainability is a complex framework for companies to meet environmental, social and governance ... more Sustainability is a complex framework for companies to meet environmental, social and governance (ESG) goals together. The focus should be on achieving medium- and longterm goals, and the environmental and social impacts of corporate operations should also be examined. Sustainable accounting and green controlling are the support of the management of a sustainably managed company, which means the accountability of the management on the one hand, and the applicable asset system and reporting on the other. Following and reporting on sustainability goals is no longer a voluntary commitment for companies, rather it is compulsory for them to adapt. With effect from 2024, the EU standard on ‘non-financial reporting standards’ will come into force. The development of this EU investment classification system, known as the ‘taxonomy’, is being monitored by investors worldwide. The taxonomy, standards and implementation will certainly generate controversy. In this study, the author describes t...

Applicability of bankruptcy prediction models in the western Hungarian food retail sector

Download

Lakástakarékpénztárak

Soproni Egyetem Kiadó eBooks, 2019

Download

Controlling as Driving Force at Today’s Dynamic Changing Companies

Download

Financial and Payback Net for SME's

Procedia. Economics and finance, 2015

Download

Riportolás Az Ipar 4.0 Idején – Etika & Hatékonyság

Economica, Aug 21, 2020